Economic Council participates Conference of Trade and Investment in London

[Butifldrm]

1 hour ago, jmartin1145 said:

I invested a very long time ago and I haven't seen squat yet.

 

Maybe the plan is to bring in their domestic currency held outside the country through investment? 

 

 

of Iraq poses a plan from London starting from 2018 and ending in 2027 for the reconstruction of the liberated areas

 

 Twilight News    

 

 6 hours ago

 

 

Twilight News / Planning Minister / Minister of Trade Agency Salman Jumaili said the next phase (post-liberation phase and the end of Daesh in Iraq) will see the economic and investment trends and wide within the framework of reconstruction and development process for the liberated areas by focusing on the development of the business environment of the private sector and encourage investment and the fight against poverty and reform economic

This came through the participation Jumaili in business investment, trade and reconstruction in Iraq conference organized by the Iraqi Embassy in London in collaboration with the Chamber of Commerce and Industry - British this week with wide participation by Iraqi businessmen and British companies.

And reviewed Jumaili during the conference vision of Iraq for the next stage and related investment, reconstruction and business environment and trade for the post-liberation, noting that the Ministry of Planning and in cooperation with national and international partners identified the development paths that are consistent and global trends to achieve the goals of sustainable development until the year 2030, and the work being presented in full swing to prepare a five-year national development plan (2018-2022)

He added Jumaili -hsp statement issued by the Information Office of the Ministry of Planning - that the ministry has prepared a detailed plan for the reconstruction of the liberated areas for the period 2017-2027 based on the recovery of these areas Aaguetsadia and socially through the attention and focus on the fragile and youth empowerment and promotion of basic abilities groups, and the adoption of the principle of the employment crisis and investment development as opportunities to make changes and better results, pointing out that the reconstruction plan will be linked Bouktta the next national development first (2018-2022) and the second (2023-2027) to ensure their implementation and to provide the necessary funds for the completion of infrastructure projects and achieve Economic, human and social development.

The statement added that the Minister of Planning spoke at the conference on economic trends towards strengthening the partnership between the public and private sectors and participatory with external parties and the government's plans for the settlement of government contracts and investment and to attract money domestic and foreign capital

 

Keywords: 

 

http://www.shafaaq.com/ar/Ar_NewsReader/d7356cd4-b5bf-4baa-afd0-16734133270b

[jmartin1145]

26 minutes ago, Butifldrm said:

 

Maybe the plan is to bring in their domestic currency held outside the country through investment? 

 

 

of Iraq poses a plan from London starting from 2018 and ending in 2027 for the reconstruction of the liberated areas

 

 Twilight News    

 

 6 hours ago

 

 

Twilight News / Planning Minister / Minister of Trade Agency Salman Jumaili said the next phase (post-liberation phase and the end of Daesh in Iraq) will see the economic and investment trends and wide within the framework of reconstruction and development process for the liberated areas by focusing on the development of the business environment of the private sector and encourage investment and the fight against poverty and reform economic

This came through the participation Jumaili in business investment, trade and reconstruction in Iraq conference organized by the Iraqi Embassy in London in collaboration with the Chamber of Commerce and Industry - British this week with wide participation by Iraqi businessmen and British companies.

And reviewed Jumaili during the conference vision of Iraq for the next stage and related investment, reconstruction and business environment and trade for the post-liberation, noting that the Ministry of Planning and in cooperation with national and international partners identified the development paths that are consistent and global trends to achieve the goals of sustainable development until the year 2030, and the work being presented in full swing to prepare a five-year national development plan (2018-2022)

He added Jumaili -hsp statement issued by the Information Office of the Ministry of Planning - that the ministry has prepared a detailed plan for the reconstruction of the liberated areas for the period 2017-2027 based on the recovery of these areas Aaguetsadia and socially through the attention and focus on the fragile and youth empowerment and promotion of basic abilities groups, and the adoption of the principle of the employment crisis and investment development as opportunities to make changes and better results, pointing out that the reconstruction plan will be linked Bouktta the next national development first (2018-2022) and the second (2023-2027) to ensure their implementation and to provide the necessary funds for the completion of infrastructure projects and achieve Economic, human and social development.

The statement added that the Minister of Planning spoke at the conference on economic trends towards strengthening the partnership between the public and private sectors and participatory with external parties and the government's plans for the settlement of government contracts and investment and to attract money domestic and foreign capital

 

Keywords: 

 

http://www.shafaaq.com/ar/Ar_NewsReader/d7356cd4-b5bf-4baa-afd0-16734133270b

I you are right. Your noggin is better than my noggin.

[Boozer]

I want to attract Money, your Foreign for my Domestic, it called a Trade  1 to 1 is a fare trade 

[jcfrag]

Don't like that article at all. These bone heads could do it themselves if they would just hit the dang RV button... 

Imagine America asking the rest of the world to come build our country back for us. That is all that country knows is to contract everything out to other  corporations in other countries..... Am I missing something here??? Why not put Iraqis to work and pay them to do it???

Edited July 7, 2017 by jcfrag

[Vespa_Romeo]

2 hours ago, jcfrag said:

Don't like that article at all. These bone heads could do it themselves if they would just hit the dang RV button... 

Imagine America asking the rest of the world to come build our country back for us. That is all that country knows is to contract everything out to other  corporations in other countries..... Am I missing something here??? Why not put Iraqis to work and pay them to do it???

If they put iraqis to work, all the project gonna be delay..

[yota691]

 

Iraq presents a plan for the reconstruction of liberated areas starting from 2018 and ending in 2027

By

 rami

 -

July 6, 2017

 

 

 

 

Minister of Planning / Minister of Trade Salman Jumaili said that the next stage (the post-liberation stage and the end of Isis in Iraq) will witness broad economic and investment trends within the framework of the reconstruction and development of the liberated areas through focusing on the development of the private sector and the business environment.
This came during the participation of Jumaili in the work of the Conference on Investment, Trade and Reconstruction in Iraq, organized by the Iraqi Embassy in London in cooperation with the British Chamber of Commerce and Industry – British this week with the broad participation of Iraqi businessmen and British companies.
During the conference, Al-Jumaili reviewed Iraq’s vision for the next phase, and related to investment, reconstruction and the business and trade environment for the post-liberation period, pointing out that the Ministry of Planning and in cooperation with national and international partners have identified development paths that are consistent with the global trends to achieve the goals of sustainable development until 2030. Leapfrog to prepare a five-year national development plan (2018-2022)
Al-Jumaili added that the ministry prepared a detailed plan for the reconstruction of the liberated areas for the period 2017-2027 based on the economic and social recovery of these areas by focusing on the vulnerable groups, empowering the youth and enhancing their basic abilities, And to invest them as development opportunities to bring about the best changes and results. He pointed out that the reconstruction plan will be linked to the next two national development plans (2018-2022) and the second (2023-2027) to ensure their implementation and provide the necessary funds to complete infrastructure projects. S economic, human and social development.
The statement added that the Minister of Planning spoke during the conference about the economic trends towards enhancing public-private partnership and partnership with foreign parties and government plans to settle government contracts and invest and attract internal and external capital

[10 YEARS LATER]

10 hours ago, Vespa_Romeo said:

If they put iraqis to work, all the project gonna be delay..

 

HOW SO VERY TRUE !

[nannab]

16 hours ago, jcfrag said:

Don't like that article at all. These bone heads could do it themselves if they would just hit the dang RV button... 

Imagine America asking the rest of the world to come build our country back for us. That is all that country knows is to contract everything out to other  corporations in other countries..... Am I missing something here??? Why not put Iraqis to work and pay them to do it???

 

 As Mom would say that sounds to much like common sense. We know they can do it just look how fast the market places

went up after areas were liberated. God love em!  

[Brisco]

After years of economic neglect, poverty for the common man and turmoil in the region, Iraq has finally reached a state of constant economic growth under democratic leadership in the aftermath of the US invasion in 2003 and the deposing of Saddam Hussein’s tyrannical regime.

The following post is courtesy of fractalerts, a division of fractal SA, Switzerland, a trading alert service based on unique algorithms that intuitively predict patterns in the market. Each market forecast is systematic, unemotional and data-driven – resulting in specific entry and exit points and historically astounding gains across 34 different markets.

Iraq’s Economy is Rising

The main driving force behind Iraq’s economic growth is the wealth of natural resources reflected in a large number of oil and gas fields which are now open to international trade.

 

Companies from around the world are investing into the development of these resources,which is reflected in the country’s ever-increasing oil exports. It seems that Iraq has completely recovered from the damage and downfall it suffered under the rule of Saddam Hussein.

An even greater exploration of Iraq’s oil reserves by international companies will lead to an even bigger tally of the country’s oil wealth, along with its already-known, vast reserves. In addition to all that wealth, Iraq seems to be blessed with geological formations that are perfectly accessible for drilling as opposed to most countries, which significantly brings down the costs of oil extraction.

The most obvious example of Iraq’s production advantages can be seen in the most recent Saudi Arabian oil production war which was designed to bankrupt the US shale-oil producers. And while oil producers in the US have been severely impacted by the overproduction “attack” from Saudi Arabia, Iraq still continues to produce and sell oil profitably.

What does this mean for the Iraqi Dinar?

 

The value of a nation’s economy, as well as its currency, is directly reflected in its natural resources, and Iraq’s oil reserves are big enough to drive its young democratic economy to prosperity. Given the fact that there is an insatiable need for gas and oil across the world, Iraq is can look forward to constant growth in its ever-growing role of the oil supplier to the world. Although Iraq is not there yet, it is becoming increasingly obvious that the country will take on the role of a regional and international energy super-power given its natural reserves in the near future. In fact, just recently the country’s Minister of Oil stated that Iraq will be able to produce 5 million barrels of oil a day in the second half of 2017. With the economic boom led by Iraq’s oil industry, the national currency in the form of the Dinar will eventually rise to reflect the true value of the country’s oil wealth. The rise will most likely happen when the National Bank of Iraq lifts the artificially low value placed on the nation’s currency in 2003. Historically, the new Iraqi Dinar reached an all-time low against USD of 1680 in January of 2004 and a record high of 1106 in December of 2015. Currently trading at 1180. USD/IQD chart from Yahoo Finance. Additionally, current political events play a key role in predicting the future of any given currency, and the controversial “Muslim ban” instituted by Donald Trump could have had major consequences for the Iraqi economy, had it not been lifted on March 6th this year. This new order to exempt Iraq from the list of banned countries has proven to be very beneficial for the country’s currency with foreign currency investors being able to exchange Iraqi dinar at favorable rates, keeping the country a valuable asset in the foreign exchange market.

 

All in all, it seems that the Iraqi dinar is looking at a bright future.

In the end, it is important to note that Iraq presents a wealth of investment opportunities in many industries, with the economic rise being driven by oil and gas reserves. These opportunities will become even more apparent in the following years, as the newly-established government continues to offer new possibilities to international investors.

https://www.leaprate.com/forex/market-news/iraqs-current-economic-outlook-and-how-it-can-affect-dinar-value/

 

Emerging Markets: Outlook upgrade could help push Iraq's economic evolution to its next step

War-torn Iraq recently got an unexpected boost on its way to becoming an investment hot spot, which may take its next step sooner than conventional wisdom suggests.

 

Even as military forces wage a fierce offensive against ISIS, global ratings agency Fitch upgraded last month Iraq's outlook to stable, based largely on the country's improving public finances.

 

To be sure, Iraq's B+ credit rating is still deeply entrenched in speculative, or junk territory. The low rating reflects what Fitch analysts called political risk and instability associated with the conflict-ridden country that's "among the highest faced by any sovereign rated by Fitch."

 

Yet as a marker for big institutional buyers like hedge funds and sovereign wealth arms, Fitch's vote of confidence could mark the start of a broader shift among investors about Iraq's long-term potential. The upgrade could be pivotal for a country still considered besieged, but considered by a handful of savvy market watchers to be a potential diamond in the rough.
 

 http://www.cnbc.com/2017/03/30/outlook-upgrade-could-help-push-iraqs-economic-evolution-to-its-next-step.html

 

 

July 6, 2017 

 

More than 300 delegates attended a major Iraqi business event in London on Monday and Tuesday.

 

The Iraq Conference for Trade and Investment (ICTI) was intended to highlight Iraq’s openness for business as it rebuilds its infrastructure and institutions, and it facilitated face-to-face discussions with key decision makers, Iraqi and British ministers, and business people and investors from all the major sectors.

 

Opening the event, H.E. Dr. Salih Husain Ali Al-Tamimi, Iraq’s Ambassador to the UK, said:

“There could be no better time to hold this conference … Security is no longer an acceptable excuse for the reluctance of British companies to enter the Iraqi market.“

 

Iraqi Minister of Foreign Affairs, Ibrahim Al-Jaafari, added:

"Iraq is open [to investment] from all countries of the world.”

 

Sir Jeffrey Donaldson, MP, emphasised the importance of acting quickly:

"Now is the right time to invest in Iraq. Getting in early is the key to success.”

 

Speakers included Baroness Nicholson of Winterbourne, the British Prime Minister’s Trade Envoy to Iraq and President of the Iraq Britain Business Council (IBBC); Dr. Sami Al-Araji, Chairman of Iraq’s National Investment Commission (NIC); and Jabar Al-Luaibi, Iraqi Minster of Oil; while the keynote speech was delivered by UK’s Minister for Trade and Investment, Greg Hands.

 

http://www.iraq-businessnews.com/2017/07/06/getting-in-early-is-key-to-success-in-iraq-conference-told/

 

 

[DinarThug]

CNN. Broadcasting With A Future So Bright - The Camels Gotta Wear Shades !

 

 

 

(by don961)

 

 After years of economic neglect, poverty for the common man and turmoil in the region, Iraq has finally reached a state of constant economic growth under democratic leadership in the aftermath of the US invasion in 2003 and the deposing of Saddam Hussein’s tyrannical regime.

 

Iraq’s Economy is Rising

What does this mean for the Iraqi Dinar?

The value of a nation’s economy, as well as its currency, is directly reflected in its natural resources, and Iraq’s oil reserves are big enough to drive its young democratic economy to prosperity. Given the fact that there is an insatiable need for gas and oil across the world, Iraq is can look forward to constant growth in its ever-growing role of the oil supplier to the world. Although Iraq is not there yet, it is becoming increasingly obvious that the country will take on the role of a regional and international energy super-power given its natural reserves in the near future. In fact, just recently the country’s Minister of Oil stated that Iraq will be able to produce 5 million barrels of oil a day in the second half of 2017.

With the economic boom led by Iraq’s oil industry, the national currency in the form of the Dinar will eventually rise to reflect the true value of the country’s oil wealth.The rise will most likely happen when the National Bank of Iraq lifts the artificially low value placed on the nation’s currency in 2003.

 

Historically, the new Iraqi Dinar reached an all-time low against USD of 1680 in January of 2004 and a record high of 1106 in December of 2015. Currently trading at 1180. USD/IQD chart from Yahoo Finance.

 

Additionally, current political events play a key role in predicting the future of any given currency, and the controversial “Muslim ban” instituted by Donald Trump could have had major consequences for the Iraqi economy, had it not been lifted on March 6th this year. This new order to exempt Iraq from the list of banned countries has proven to be very beneficial for the country’s currency with foreign currency investors being able to exchange Iraqi dinar at favorable rates,keeping the country a valuable asset in the foreign exchange market.

All in all, it seems that the Iraqi dinar is looking at a bright future.

In the end, it is important to note that Iraq presents a wealth of investment opportunities in many industries, with the economic rise being driven by oil and gas reserves. These opportunities will become even more apparent in the following years, as the newly-established government continues to offer new possibilities to international investors.

 

https://www.leaprate.com/forex/market-news/iraqs-current-economic-outlook-and-how-it-can-affect-dinar-value/

 

Edited July 7, 2017 by DinarThug

[DinarThug]

Emerging Markets: Outlook upgrade could help push Iraq's economic evolution to its next step

War-torn Iraq recently got an unexpected boost on its way to becoming an investment hot spot, which may take its next step sooner than conventional wisdom suggests.

Even as military forces wage a fierce offensive against ISIS, global ratings agency Fitch upgraded last month Iraq's outlook to stable, based largely on the country's improving public finances.

To be sure, Iraq's B+ credit rating is still deeply entrenched in speculative, or junk territory. The low rating reflects what Fitch analysts called political risk and instability associated with the conflict-ridden country that's "among the highest faced by any sovereign rated by Fitch."

 

Yet as a marker for big institutional buyers like hedge funds and sovereign wealth arms, Fitch's vote of confidence could mark the start of a broader shift among investors about Iraq's long-term potential. The upgrade could be pivotal for a country still considered besieged, but considered by a handful of savvy market watchers to be a potential diamond in the rough.

 

http://www.cnbc.com/2017/03/30.....-step.html

 

[DinarThug]

(by don961)

Getting in Early is Key to Success in Iraq, Conference told

July 6, 2017 

More than 300 delegates attended a major Iraqi business event in London on Monday and Tuesday.

The Iraq Conference for Trade and Investment (ICTI) was intended to highlight Iraq’s openness for business as it rebuilds its infrastructure and institutions, and it facilitated face-to-face discussions with key decision makers, Iraqi and British ministers, and business people and investors from all the major sectors.

Opening the event, H.E. Dr. Salih Husain Ali Al-Tamimi, Iraq’s Ambassador to the UK, said:

“There could be no better time to hold this conference … Security is no longer an acceptable excuse for the reluctance of British companies to enter the Iraqi market.“

Iraqi Minister of Foreign Affairs, Ibrahim Al-Jaafari, added:

“Iraq is open [to investment] from all countries of the world.”

Sir Jeffrey Donaldson, MP, emphasised the importance of acting quickly:

“Now is the right time to invest in Iraq. Getting in early is the key to success.”

Speakers included Baroness Nicholson of Winterbourne, the British Prime Minister’s Trade Envoy to Iraq and President of the Iraq Britain Business Council (IBBC); Dr. Sami Al-Araji, Chairman of Iraq’s National Investment Commission (NIC); and Jabar Al-Luaibi, Iraqi Minster of Oil; while the keynote speech was delivered by UK’s Minister for Trade and Investment, Greg Hands.

 

http://www.iraq-businessnews.com/2017/07/06/getting-in-early-is-key-to-success-in-iraq-conference-told/

 

[copper13]

👍 Great Thread Thugs!!!!

[Wiljor]

Thanks Thugs, man these sure are some interesting and uplifting posts brother, great find  

[boosterbglee]

Thugs......Newshound!   Thanks!

[blueskyline]

Thanks Brisco . Much needed good news today . Slim Pickings elsewhere 

[SnowGlobe7]

hope we got in early enough...lol

[climber7]

2 hours ago, DinarThug said:

has proven to be very beneficial for the country’s currency with foreign currency investors being able to exchange Iraqi dinar at favorable rates

 

Okay then, WHO are the ones exchanging now and WHAT RATE??!! 

 

This statement is said in the present tense, ammiright? 

[ChuckFinley]

8 minutes ago, climber7 said:

 

Okay then, WHO are the ones exchanging now and WHAT RATE??!! 

 

This statement is said in the present tense, ammiright? 

I thought I missed something when I read that. 

[gregp]

Agreed. Great post!

[ChuckFinley]

58 minutes ago, SnowGlobe7 said:

hope we got in early enough...lol

When I got in the guy on the dinar had a black beard, now that thing is as white as snow.  

[RJ45]

1 minute ago, ChuckFinley said:

I thought I missed something when I read that. 

Same. Following this thread with interest.

[SnowGlobe7]

they must be in CA.....according to Luigi

[10 YEARS LATER]

1 hour ago, climber7 said:

 

Okay then, WHO are the ones exchanging now and WHAT RATE??!! 

 

This statement is said in the present tense, ammiright? 

 

52 minutes ago, ChuckFinley said:

I thought I missed something when I read that. 

 

 Kinda blinked a couple of times myself reading DT's Posts - I'd like to know the WHO & the WHAT of it as well . . . the PRESENT TENSE is the head scratcher  - I'll add a " WTF is going on anyway " to the question ! 

[NoviceInvestor]

A good read but I am at the stage of wake me when it's over.. But I'm frightens I may end up like Sleeping Beauty and sleep for a hundred years lol